SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support level at 180.000000000 is certain.
Caution: A possible change in the direction of the resistance line at 185.870000000 could occur.
Consider stop-loss settings accordingly.
Furthermore a ‘Last Engulfing Top’ candle pattern is detected. The chart shows ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 198.070000000 |
| 2nd High | 195.890000000 |
| Next High | 185.870000000 |
| Current Price | 179.450000000 |
| Next Low | 180.000000000 |
| 2nd Low | 173.600000000 |
| 3rd Low | 173.430000000 |
185.870000000 – 185.700000000 – 195.890000000 – 180.000000000 – 189.940000000 – 187.350000000 — 40.181193582006 – 37.513134380456
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – Last Engulfing Top – Double top chart pattern – –